U.K Mortgage Underwriter

11 hours ago


Pune, Maharashtra, India Selections HR Services Private Limited Full time ₹ 9,00,000 - ₹ 12,00,000 per year

We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.

Shift & Working Days:

  • Shift:
    U.K (11am -11pm).
  • Working Days:
    5 days of working.

Key Responsibilities:

  • Underwriting Activities:
    Review, analyze, and approve/deny mortgage applications based on risk assessment and investor guidelines.
  • 4 C's of Underwriting:
    Evaluate borrower's Credit, Capacity, Collateral, and Capital to determine loan eligibility.
  • Income Calculation:
    Assess borrower income using tax returns, W-2s, pay stubs, and financial statements.
  • Risk Assessment:
    Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making.
  • Compliance & Quality Control:
    Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards.
  • Collaboration:
    Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process.

Requirements:

  • Experience:
    Minimum 2 years in mortgage underwriting, preferably in U.S. or U.K. or global residential loans.
  • Attention to Detail:
    Strong analytical skills to assess financial documents and property risks accurately.
  • Communication:
    Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.


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